I love the idea. The math works out a bit different though. After 100 days it’s a 63% chance of getting caught so the fine would be 100/0.63= 159 million plus the additional fee. After 1 day the fine would be 1 million /0.01= 100 million plus the additional fee.
I love the actuarial precision of the fine so that all the probability of profit is priced in. Calculating that probability will be complex though because they could argue there is a 100% chance of getting caught after you caught them lol.
I love the idea. The math works out a bit different though. After 100 days it’s a 63% chance of getting caught so the fine would be 100/0.63= 159 million plus the additional fee. After 1 day the fine would be 1 million /0.01= 100 million plus the additional fee.
I love the actuarial precision of the fine so that all the probability of profit is priced in. Calculating that probability will be complex though because they could argue there is a 100% chance of getting caught after you caught them lol.